Legislation

ITAA 1997 s What this Ruling is about 1 Relevant provision(s) 2 Class of entities 3 Qualifications 4 Date of effect 8 Scheme 9 Background 14 Capital structure 18 Capital accounts 21 Creation of distributable reserves 26 Payment of the capital return 29 Other matters 30 Ruling 32 Distribution is not a dividend 32 The application of sections 45A, 45B and 45C 33 Capital gains tax 34 Appendix 1 - Explanation 35 Distribution is not a dividend 35 Anti-avoidance provisions 44 Section 45A - streaming of dividends and capital benefits 45 Section 45B - schemes to provide capital benefits 48 Capital gains tax 56 CGT event C2 - section 104-25

ATO documents that consider ITAA 1997 s What this Ruling is about 1 Relevant provision(s) 2 Class of entities 3 Qualifications 4 Date of effect 8 Scheme 9 Background 14 Capital structure 18 Capital accounts 21 Creation of distributable reserves 26 Payment of the capital return 29 Other matters 30 Ruling 32 Distribution is not a dividend 32 The application of sections 45A, 45B and 45C 33 Capital gains tax 34 Appendix 1 - Explanation 35 Distribution is not a dividend 35 Anti-avoidance provisions 44 Section 45A - streaming of dividends and capital benefits 45 Section 45B - schemes to provide capital benefits 48 Capital gains tax 56 CGT event C2 - section 104-25